Garanti Bank (GARAN.IS) expects another tough year for Turkish lenders in 2026, with growth likely to remain constrained as authorities keep most credit restrictions in place to tame inflation, CEO ...
(Bloomberg) -- Turkish banks have found a roundabout way to access cheaper lira liquidity abroad, and in doing so are inflating figures for foreign purchases of lira-denominated government bonds. Lira ...
ON MAY 12, the prodigal son of Turkish banking returned home. Husnu Ozyegin, known locally as the King of Turkish Banking, opened his new bank, Fiba Banka. Comprising 20 branches of the old Millennium ...
(Bloomberg) -- Turkish central bank officials held a “technical meeting” with commercial lenders on Sunday to prepare for potential market volatility after a key opposition politician was formally ...
RELATIONSHIPS MATTER IN Turkish banking, arguably more so than in any other EMEA market. For years, Turkey’s banks have been able to rely on the strong relationships built with banks around the world ...
The central bank cut its benchmark rate to 38.0% from 39.5% on Thursday, but noted lingering risks for consumer prices.
Akbank has the highest ROE of all Turkish banks. The bank is very well capitalized with a CET1 capital ratio of 13.7%. In the first 9 months of 2016, the bank saw a 65%+ increase in Net Income.
ANKARA (Reuters) - Turkey's central bank stands "ready to act" against risks in the current rate-cutting cycle, Turkish Central Bank Governor Fatih Karahan told a conference for emerging market ...
Turkish digital bank BankPozitif is set to launch cryptocurrency custody services in collaboration with Swiss crypto platform Taurus, making it the latest financial institution in Turkey to embrace ...
ANKARA, Dec 17 (Reuters) - The Turkish Banking Association said on Wednesday banks should not give credit under current conditions in a stark warning underlining sector concerns as Turkey feels the ...